Future of Credit

[TheMercenary]

Originally Posted by Redux

Credit card debt has skyrocketed in the last 10-15 years, ....

Don't let him fool you piercehawkeye, the God Damm Demoncrats are a big part of why we got into this problem in the first place. Like I said eariler, follow the money.

Originally Posted by TheMercenary

Don't let him fool you piercehawkeye, the God Damm Demoncrats are a big part of why we got into this problem in the first place. Like I said eariler, follow the money.

If you follow the money over the last 20 years, it has gone far more to Republicans than Democrats. (59% - 41%)
http://www.opensecrets.org/industries/indus.php?ind=F03

But the credit market is not about this as much as it is about increasing personal credit debt that is unsustainable at current levels and bad credit decisions on the part of lenders and borrowers.